The bail for the $10 million lottery winner and Level 3 sex offender from Uxbridge accused of reoffending was reduced from $5 million to $500,000 at a bail review hearing Tuesday in Worcester Superior Court, the Milford Daily News reported.

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Daniel Snay, 62, of 558 Elmwood Ave., was arrested last month after a now 16-year-old boy came forward and said Snay continually assaulted him over a four-year span from 2008 to 2012.

At Snay’s arraignment on March 17, defense attorney Sam Goldberg objected to the $5 million bail and said his client could only afford $25,000.

On Tuesday, Goldberg argued for a $50,000 bail while Assistant District Attorney Ryan Donahue continued to support the $5 million figure, citing Snay’s past conviction for escaping from prison and, in one instance, failing to register as a sex offender.

Worcester Superior Court Judge James Lemire ordered a $500,000 cash bail and ordered that if Snay does post bail, he will be placed on GPS monitoring and ordered to stay away from the boy and all children under 16.

Snay, who is currently registered as a Level 3 sex offender after three previous convictions in the 1970s and 1980s, is facing charges of indecent assault and battery on a child under the age of 14, subsequent offense, enticement of a child, dissemination of pornography to a minor and reckless endangerment of a child.

Police say Snay used some of his Massachusetts lottery winnings, which he won from a scratch ticket in 2008 and has been receiving in annual $500,000 installments, to help him commit the crimes.

Court officials are unaware whether Snay has been able to post the new lower bail and his attorney could not be reached Wednesday for comment.